Thanks. Could you elaborate on this: “Where does the cash sit between it being sent and being…
Jordan MacLeod
1

Just saw this, sorry — when you haven’t cashed out the Venmo credits, you are essentially lending Venmo money (without interest). You’re an unsecured creditor. This may have been changed since I wrote the piece, though. You can find out by looking for FDIC insurance or a bank relationship in the small print on the Venmo website.